OneTwoTrade is a Maltese binary options broker authorized by the Lotteries and Gaming Commission (LGA) in Malta. The broke uses the technology of SpotOption, which is one of the best platforms on the market. What I like about OneTwoTrade is the fact that they support detailed statistics of your account activity, thus helping you analyze your betting patterns and isolate the ones that are not successful.
OneTwoTrade offers decent returns on binary option bets:
• For High/Low options, or SmartOptions as they are known at OneTwoTrade, the return for EUR/USD is 85%, for Gold – 80%, and for Oil – 80%.
• For 60 Seconds options, the return is 70% return for EUR/USD and Gold.
Let’s say you deposit $500 and start placing random bets of $25 each at a return of 85%. It will take a total of 260 games before you run out of money and need to deposit again. In order to be successful and make money at the same return rate (85%), you would have to win more than 54.1 out of every 100 bets that you make.
Bet size & refund
Bet sizes: The minimum bet size on OneTwoTrade is just £10, and the maximum you can stake on a single option is £1,500.
Refund: while refunds are typical of the binary options industry, not every broker offers one. With OneTwoTrade you will be getting up to 10% refund on the options that expire out of the money. Other brokers offer no refunds on the options that you lose (The german broker BDSwiss for example), and there are brokers that offer higher refunds – IQ Option credits back to your account 15% of each lost bet you make. Find here a complete IQ Option Review: www.binary24.de/broker-vergleich/iq-option.
High/Low: at OneTwoTrade, these are called “SmartOptions” and you need to predict whether the price of a certain asset will go up or down, then wait for the option to expire (expiry time for this option type is 30 minutes). 60 Second: this is another type of High/Low options, only the expiry time here is 60 seconds. If you believe that you have noticed a steady price movement direction for a particular asset, you can make one or more 60 Seconds bets to maximize your payout. Once you buy a certain option, it will appear in your account. When this happens, OneTwoTrade gives you the possibility to use the Double Up or Roll Over features. The first one lets you double your bet size, while with Roll Over you can set a new expiry date for your option (in that case you need to increase your bet size by 30% or more).
Deposit and Withdrawal
The minimum deposit amount is £200 and you can fund your account via Visa, MasterCard, bank transfer, or Moneybookers/Skrill.
Cashouts are processed to credit cards or visa bank wire. Keep in mind, however, that for withdrawals of under £200, you would need to pay a fee of £39 plus a processing fee of £30 for bank transfer cashouts. If you’re asking me, this is simply outrageous. Credit card withdrawals over £200 are not burdened with any fees though, so at least there is a way to avoid these ridiculous costs.
Currently new sign-ups are offered a first deposit bonus of up to 25%. In order to withdraw the bonus, your account should have been open for at least a year and you need to wager the bonus amount at least 15 times. Fortunately, there are no restrictions on withdrawing the profit that you make with the bonus. For a full Bonus review: Hier klicken.
As I said at the beginning, I do quite like the account statistics that show you your performance over time and help you improve your betting models. The broker’s customer support reps are always friendly and do their best to help, and the returns are also above average. On the other hand, though, OneTwoTrade imposes ridiculously high withdrawal fees and that is something I do not appreciate.